Why is Hindware Home In falling/rising?

As of 18-Jul, Hindware Home Innovation Ltd's stock price is currently at 272.15, reflecting a decrease of 2.85, or 1.04%. The stock has underperformed its sector by 0.32% today, with an intraday high of Rs 281.55 and a low of Rs 265. Over the past week, the stock has shown a slight increase of 0.65%, but it has declined by 5.44% over the past month and has a significant drop of 34.28% over the last year. The company has reported negative results for the last 12 consecutive quarters, and its profits have fallen drastically by 201.6%. Additionally, the stock's weak long-term fundamental strength is highlighted by a -13.47% CAGR growth in operating profits over the last five years and a high debt to EBITDA ratio of 3.42 times, which negatively impacts investor sentiment.
In the broader market context, while the Sensex has generated a positive return of 4.63% year-to-date, Hindware's performance has been stagnant with a return of -0.06%. The stock's performance over the last year has been particularly poor compared to the BSE500, which saw a decline of only 0.36%. This stark contrast indicates that Hindware is struggling significantly more than the overall market, contributing to its declining stock price. Despite some positive indicators such as rising investor participation and trading at a discount compared to peers, the overall negative sentiment surrounding its financial performance and long-term outlook continues to weigh heavily on the stock.